The OECD has slashed its global economic growth projections for 2026 and 2027 due to intense pressures from the ongoing conflict between the US and Iran.Rising energy prices have forced a downgrade for Germany while threatening to push global growth down to 1.8% if critical trade routes remain blocked.Despite these geopolitical tensions and inflationary risks, investments in
AI and renewable energy are providing some limited support for US and Chinese momentum.